California § 12654 - The payment of a debt or liability, whether the whereabouts of the creditor is kn

Full text of California Public Contract Code - PCC § 12654 — The payment of a debt or liability, whether the whereabouts of the creditor is kn, with citation guidance and answers to common questions.

§ 12654. The payment of a debt or liability, whether the whereabouts of the creditor is kn

The payment of a debt or liability, whether the whereabouts of the creditor is known or unknown, has been adequately provided for if the payment has been provided for by either of the following means: (a) Payment thereof has been assumed or guaranteed in good faith by one or more financially responsible persons or by the United States government or any agency thereof, and the provision (including the financial responsibility of such persons) was determined in good faith and with reasonable care by the board to be adequate at the time of any distribution of the assets by the board pursuant to this chapter. (b) The amount of the debt or liability has been deposited as provided in Section 12659. This section does not prescribe the exclusive means of making adequate provision for debts and liabilities.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 12654

What does Public Contract Code - PCC § 12654 cover?

Section 12654 ("The payment of a debt or liability, whether the whereabouts of the creditor is kn") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 12654?

A common citation format is "Public Contract Code - PCC § 12654" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 12654 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.